What is Behind the Prosperous Art Market in China?
Authors
Fanyu Zhou, Ralf Sensel
Corresponding Author
Fanyu Zhou
Available Online July 2016.
- DOI
- 10.2991/ssehr-16.2016.321How to use a DOI?
- Keywords
- art market; corruption; money laundering; bribery
- Abstract
The Chinese art market is flourishing at an incredibly high speed. The purpose of this paper is to lift the veil off the prosperity of the Chinese art market and to reveal what the underlying problems and the real reasons for the morbid development are. Interviews show that the Chinese art market is driven heavily by corruption and money laundering. A survey is conducted to probe the public's readiness to invest in Chinese art. Finally some recommendations are offered to deal with the problems and challenges associated with the Chinese art market.
- Copyright
- © 2016, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Fanyu Zhou AU - Ralf Sensel PY - 2016/07 DA - 2016/07 TI - What is Behind the Prosperous Art Market in China? BT - Proceedings of 2016 5th International Conference on Social Science, Education and Humanities Research PB - Atlantis Press SP - 1507 EP - 1510 SN - 2352-5398 UR - https://doi.org/10.2991/ssehr-16.2016.321 DO - 10.2991/ssehr-16.2016.321 ID - Zhou2016/07 ER -